RETIREMENT MEDICAL TRUST FUND. In the event the Association forms or joins a Retirement Medical Trust Fund, all employees covered under this Agreement will participate in accordance with Federal and State Laws applicable to employee benefit trust funds (26 USC 501 (c)(9). The monies contributed to the Retirement Trust shall be used only for retiree health insurance premiums or health service expenses. The employee’s contribution shall be made by automatically deducting the specified amount from the paycheck of eligible employees prior to any taxes being withheld. The amount of the payroll deduction shall be determined by the Retirement Trust.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Collective Bargaining Agreement, Collective Bargaining Agreement
